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whether the government should be throwing your tax dollars at industry the first place. i asked robert bryce, senior fellow at the manhattan institute about this issue. let's start with the tax credit. >> sure. gerri: this is industry, let's face it they don't have a whole lot to show for themselves yet we subsidize them to the tune of $1.2 billion. why? >> remember the industry said we're all about reducing carbon dioxide. that was the whole argument. now it shifted we create jobs argument. if congress does not extend production tax credit we'll lose 37,000 jobs. they might get an extension but there is big push among utilities, a lot of groups to end the tax credit and it very well could be ended. gerri: it doesn't work that well. 84% fail to produce electricity when the demand is great. as a solution to our energy problems how would you rate it? >> it is not a solution and it is wholly dependent on electric utilities and electric generation that can be dispatched. we can't count on wind. when demand is highest wind output is generally at its lowest. that's a big problem. gerri: iron
acts and other, government properties and government records so people can follow. >> yes, two house committees controlled by the republicans are now investigating the richard windsor issue. i hope they will ask that question. how widespread is this illegal practice? who else has been doing it? let's see those records. there needs to be a wide spread investigation here. and i hope that the republican controlled house of representatives will do a good job of it. tom: i don't even know how do you, that they are not looking around at outside e-mails this is almost a paula brad broadwell, getting someone else involved. finding out where are the e-mails. >> i think it is clear the obama administration, and remember president obama promised his would be the most transparent transparent administration is mystery, we will need cabinet secretaries and other high obama appointees before a commity and swear them, take their testimony under oath where they have used the secret e-mail acouncil account to evad. tom: talking about fact maybe now that president will include west virginia in the co
the government to cut back spending in other areas in exchange for relief money. the new york and the new jersey governors ask for bigger aid packages. >>> the powerful winter storm swept through half of the country and left many in dark. arkansas, 15-inchs of snow caused widespread daniel to power lines and cutting electricity to 200,000 customers. chicago has already reached 500 homicides before the end of this year. the highest level in four years. windy city is desperate to lower its murder rate. correspondent mike tobin looks at one initiative to supporters hope will do just that. [ siren ] >> guy in the middle of the street. looks shot. >> gangland shooting part of every evening in chicago, the gun control debate is ongoing. solution passed by the cook county board of collisioners another tax. $25 on every handgun sold. this gun store owner says it's tax against the legal gun owners. >> the new tax is sold with the idea it would offset public cost of medical care for shooting victims. aconfidencing to the board president own numbers that cost is shy of $35 million. estimated revenue is $60
between 40 and $65,000 a year will have to pay an extra two grand to the government. gregg: coming up we'll talk with republican nick mulvaney whose house budget committee is obviously on the forefront of the fiscal talk. so we'll try to get the latest from him in just a moment. patti ann: meanwhile, gregg, we have new warnings from the treasury department that if a fiscal deal isn't reached our government will have to turn to extraordinary measures when the debt limit hits its ceiling. $16.4 trillion probably on monday. fox business network's stuart varney joins us now. hi, stu. you say this is the big story people aren't talking about? >> it is a sleeper issue, patti ann. on monday the government officially runs out of money and it can not borrow anymore. so it will have to shift all kind of cash around to make sure they can pay their bills and maybe they can do that for a couple of months. means you can kick the can, eight weeks be maybe, until the absolute crunch comes. there are consequences to this. it could be that america will be downgraded again. after all back in august of 2011
investments were frequently subsidized by the federal government, water pricing was often calculated without accounting for the initial cost to build the systems. we made major investments in assets in the '50s, '60s, and '70s. and for the first 40 years of that pipe, there really may not have been many maintenance requirements. we're past that period now. narrator: water pricing based only on day-to-day operation, and not on planning for maintenance and eventual upgrades has resulted in a considerable repair and replacement backlog. allbee: on a national scale, if you looked at what we're spending now, and you looked at the additional investment requirements over the next 20 years, there's a $540 billion difference. man: so one of the greatest challenges is to reflect true value pricing. so that the citizens and businesses that rely on water and wastewater infrastructure systems are actually paying for it. narrator: cities and municipalities across the united states are now facing this funding gap, between projected revenue and projected expenses, as they strive to maintain water quality an
of people talking tonight. >>> i spy with my little eye. the government issues a warning to parents about who's tracking your kids, their personal information and what they're doing on all those mobile devices. >>> and how does he do it? >> he types is the house number and then the name appears up on the ipad. >> for the inside scoop on all things santa, we went straight to the experts. >> he showed me where the elves were. >>> good evening. after the his defiant and controversial response on friday to renewed calls for stronger gun laws in the wake of the connecticut school shooting, the head of the nra finally took questions today. wayne lapierre sat down with nbc's david gregory this morning to explain why he opposes an assault weapons ban and why he wants to address gun violence in schools with more guns. it is an emotional debate touching still-tender nerves over the deaths at sandy hook elementary among those who hold dear their constitutional right to own guns. we have two reports tonight beginning with white house correspondent peter alexander in our washington newsroom tonight. p
a dramatic decline in their payments from the government, and certainly, that we're not going to do the sequester. we cannot tolerate, ordinary people can't tolerate these kinds of cuts in programs. >> absolutely. congresswoman jan schakowsky, thank you so very much. >> thank you. >> remember to answer tonight's question there at the bottom of the screen and share your thoughts on twitter @edshow and on facebook. i want to know what you think. >>> coming up, this congress is on track to be the worst congress ever. that's right. "the huffington post" amanda turco and robert reich will join me. my wife takes centrum silver. i've been on the fence about it. then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was right. [ male announcer ] centrum. always your most complete. of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >>> coming up, more on tonight's breaking news of the fiscal cliff with former la
't have a dramatic decline in their payments from the government, and certainly, that we're not going to do the sequester. we cannot tolerate, ordinary people can't tolerate these kinds of cuts in programs. >> absolutely. congresswoman jan schakowsky, thank you so very much. >> thank you. >> remember to answer tonight's question there at the bottom of the screen and share your thoughts on twitter @edshow and on facebook. i want to know what you think. >>> coming up, this congress is on track to be the worst congress ever. that's right. "the huffington post" amanda turco and robert reich will join me. >>> coming up, more on tonight's breaking news of the fiscal cliff with former labor secretary, robert reich, and amanda turco of "the huffington post." >>> then, chicago reaches the tragic milestone of 500 homicides in 2012. reverend jesse jackson will join me to discuss curbing gun violence in our cities. we'll be right back. >>> so the american people are watching what we do here. obviously, their patience is already thinning. this is deja vu all over again. america wonders why it is t
of the choice that was made to put in combined sewer systems. narrator: in 1994, the government adopted a combined sewer overflow policy to reduce csos nationwide. cities with combined sewer overflows now face an enforcement action called a consent decree. under a consent decree, a city must reduce pollution levels significantly within a strict time frame or face heavy fines. in 1960, the combined sewer overflows were a perfectly legitimate way of dealing with sewers. woman: the mind set was that, what did it matter if we were sending our waste downstream? water was a good conveyance for pollution. man: sewer systems are installed to reduce public health problems. now what you're doing is transferring the problem, you're transferring it to downstream cities. in addition, cities and towns above pittsburgh were doing the same thing. and then they were affecting the water intakes of pittsburgh. 90% of this region gets its drinking water from those same rivers that we have overflows occurring. hecht: we have sewage overflow with as little as 1/10" inch of rain. and our average storm here is
communications are looked at by the government. people want amendments. unfortunately congress once again is acting at the last minute trying to renew something about to expire and there is probably not the time to do revisions that are necessary. that's a problem here. harris: because critics want this to be revised as you just put it. the white house doesn't. it wants it to pass the way it is. a lot of people are in favor of it because it is helping to keep us safe since there is homegrown terror in the united states and we need to find it. i want to if which have the words put it up on the screen. kentucky senator rand paul had this to say on the senate floor yesterday. and what he was basically saying is that this interferes and disputes the power of the fourth amendment. and that it needs to be changed. again, dan, you say we may not see any changes to it because the deadline is tuesday? >> it is really important to note that even the supporters of renewing acknowledge there needs to be reform. there needs to be more oversight. we need to know more how the fisa court works. we want m
. the russian government's politically-motivated decision will reduce adoption possibilities for children who are now under institutional care. we regret that the russian government has taken this step and are further concerned about statements that adoptions already underway may be stopped." i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. tyeah, its the galaxy note ii.r
also want to see hiring happening and that's where that government jobs report that we focus on once a month, that's where that comes into play. we're going to get the next one next week, that government jobs report and the big worry, carol, that's hanging over all of this is the fiscal cliff. although we're still in the middle of wondering what congress is going to do about it, companies are already holding back hiring so that is clearly impacting the jobs market but the good news once again is the layoffs are slowing, down 12,000 to 350,000 last week. carol? >> thank you very much, washington. alison kosik thank you so much. >>> growing outrage over the decision of a new york newspaper to publish a map with the names and addresses of people who have gun permits. the interactive map was created with information available publicly. it pinpoints the location of legally licensed permit holders for handguns. we reached out for a statement from the newspaper, it sent us this, "the massacre in newtown, connecticut, remains at top-of-mind for many of our readers. or readers are understanda
are not safe. our relatives. nobody is safe in the city anymore. and we don't really see the government picking up that as an issue. safety is the first thing you would assure to a citizen. >> reporter: this isn't the first time a rape case has been reported. many more never are. but this case has become a lightning rod in india. people are disgusted with the brutality of the rape. protesters say enough is enough. >> the brutality of this crime and the way it has been handled, the kind of insensitive treatment that some of the -- statements that some of the politicians and some of the people have made ensure that not only me -- everybody has come out to say that this is not done. and we are not okay with this. >> reporter: they want to see the government take concrete steps to address their concerns. >> surely, definitely. then, you know, faster justice. you need to have special courts where it's not open to the public. i think that's still a provision. we need to have more courts and better hearing and stronger assistan assistance. >> reporter: it's no longer about one girl or one particular r
a deep channel. >>> and america's population growth is slowing down. the government says it's due to lower birth rates during the economic recession and lower immigration numbers. as we start the new year, there will be 315 million people in the united states. the population, though, has grown less than .75% since 2010. so a slower rate of growth. still, 315 million people is -- >> seems like enough people in some places, that's for sure. thanks, lisa. >>> hopes have been crushed and families in the making ripped apart. a new law bans americans from adopting russian children. ng tom about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> from what we surmise, this meeting at the white house between the presiden
government and weak union forces. coln's "n drehle on linkedin rise to greatness." this weekend on c-span 2. >> "tubes" author andrew blum joined just on "the communicators." >> i tried to make our virtual world as tangible as possible. i found out one of the major maps of the internet i was looking at, it was called tele geography. it was made in milwaukee. they watch this thing come off a giant schoolbus machine. it seem like a great way into the store of figuring out not only were the internet is, but also trying to come to terms with what is still physical about our virtual world. it turned out that one thing that is physical are the very large printing presses and large printing presses that rent ma pt maps of the internet. i followed a mapmaker there to see this map of the internet come off of the press. >> is there a center of the universe when it comes to the internet? >> there is. there is not just one center, but a dozen buildings around the world that are by far -- they are the places where nmore the works of the internet and it more than anywhere else. new york, london, tokyo. t
. you know just despite the court is saying the government has not backed down and was within the last few hours and saying the law will be tree ree drafted to con forp with the court's ruling. nevertheless, there is spill widespread support for this tax. they are planning to speak in belgium and wealthy entrepreneurs have moved to countries in the region that have lower taxes. today's decision could delay those departures for the time being. >> gregg: katherine, live in paris, thanks very much. >> the president may want to check out the laffer curve before he rewrites that law. when people flee or stop working that is the laffer curve. >> arthel: your french reporter was there, how about this, you got plans for new year's eve. >> gregg: that is impressive. >> it starts at 11:00 p.m. eastern and megyn kelly and bill hemmer will bring you the event live in times square and new york city. you can be a part of the broadcast by texting your happy new year's messages to the show. here how you do it. you type the the u text, got it. type a space and ascend brief message. utext space and your
capturing the political process, getting the government contracts and affecting outcomes we are also subject to that. and to see somebody say those things is a lot more than i say in my book but what you are saying is true in its deeply important. >> philip auerswald, you write about the current telecommunications revolution that we are all living and trying to understand and manage. helpless. >> so, first of all, we have to understand the difference between a mobile phone and a rich country and a mobile phone and most of the world. so, before the mobile phone only to technologies had spread as widely as the mobile phone. no technology has spread as rapidly as the mobile phone. the only other recent one was the transistor radio and before that, it was fired to spread as wildly. so, what is the -- we know what it means in our lives and what smart phones been and all that but what does it mean for the majority of the world's population. it was built highways, communication highways and labor never connected before. in afghanistan we talk about story that you asked about entrepreneurs and was r
of their jobs after the benghazi terror attack reportedly still on the government payroll. how can that be? [chanting] protect the constitution. >> the liberal "new york times" says last month's election significantly weakened the tea party. is that true? we will have a debate. chanting] >> u.s.a. >> caution, you where to enter the no spin zone. the factor begins right now. >> i'm greg gutfeld in for bill o'reilly. thanks for watching us. our top story tonight, the last ditch effort to avert the fiscal cliff. president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to
, the russian's government politically motivated decision will reviews adoption poblg it is for children who are now under institutional care. we are further concerned about statements that adoptions already underway may be stopped and hope that the russian government would with allow those children who have already met and bonded with their furp parent to finish the necessary legal procedures so they can join their families. so, you are hearing from the u.s. officials but not much? >> i don't know that they have gotten through with the rsh an officials figuring out how they are going to implement the law yet. it's so new still. maybe in the next week or two. >> who surfa-- who suffers here? >> even, we may have to step back and say, okay, that is -- so much for that dream. but the families who have already met the kids and held them and created bedrooms and collected toys, i don't understand how they can be put through that kind of a nightmare and our hearts go out to them. and the children raised in institutions, it's just not the same as having a mom and dad or even just a mom or a dad. n
a archaic 1947 law, unless the new bill is passed by december 31st, the government will be forced to buy vast quantities of milk at twice the wholesale rate. two bills are in congress. the senate passed one for $23 billion in savings. the house is looking to enact 35 billion. the sticking point the full house of representatives hasn't approved the bill. >> the farm bill is like this low hanging ornament on the congressional christmas tree that if they just embrace it, they can automatically come up with tens of billions of dollars in budget savings. and then they can figure out where else they need to cut spending after that. >> reporter: the secretary of agriculture tom vilsack has said his department is preparing a case the permanent law comes into effect. temporary solution is to attach a farm bill extension to the fiscal cliff legislation. harris? harris: is there anything besides milk we need to be aware of? are we looking potentially at higher prices among many farming commodities for example? >> reporter: yeah. it is not just the cows. it is the crops too. it is possibility the go
to be something nefarious going on. i can't imagine a government official or agency justifying the use of false e-mail addresses there were actually dummy names being used. phony names. lisa jackson steps down inexplicably. the president gives a vague pat on the back and she goes out the door. always in this world of what would be like if it was a republican administration. from "fast and furious" to benghazi and now this. and yet the mainstream media likes to say, move along, nothing to see here. gregg: now we have a similar scandal and the epa. what you say? >> a libertarian think tank is alleging that this woman had a phony e-mail address. there is also the fact that almost all public agencies, there is a public e-mail address and an internal e-mail addresses they can communicate with each other. since it is a secret or phony e-mail address, and environmental protester -- he doesn't want to be pro-pipeline, give the administration and all these issues -- he is alleging that this one person used a false e-mail address, a phony name, and did some things falsely under that name. >> let's have som
context, tend to look at the diplomatic record, at the official diplomatic record, at government documents. what's interesting about this book is that there's not one government document in the book these are all private writings, before the presidency or during the presidency, writings that did not make it to the official government channel as a government document. c-span: let's listen to this first one that you brought along with you. >> guest: ok. c-span: which one is it? >> guest: it's called "looking out a window," and it was broadcast in th--at least taped in january 1978. it's an important one. it's not a policy wonk document, as many of the--of them are, but it's important because it gives reagan's philosophy about the american people, his--his great confidence in their judgment and who they are, and also the fact that he does not see himself as distant from the people. he sees himself as one of them and he identifies with their daily lives. c-span: as we do that i want to show the cover of this. where is this picture, by the way, on the cover? do you know where it was taken? >> g
was going on? why wasn't our government helping? >> it was bewildering. the parents tried to do it low-key. they couldn't get the case resolved. they came to me and our two wonderful u.s. senators. thanks to fox. thanks to o'reilly, sean hannity, greta, all of you were so helpful. all the press helped but you guys came to bat. that's why i don't really understand or believe that during a white house press briefing that the white house spokesperson said, oh, i don't know about the case. baloney. everybody had known about the case. gregg: they knew. >> we had been bringing that up. gregg: right. >> this is a family of strong christian faith. for them, as we celebrate the birth of christ tonight what a more meaningful present than, than the god delivering their son to them tonight. gregg: look, we want to talk to you about a couple of subjects here and that one, thankfully turned out well. let's turn now to benghazi because you are very involved in this. an independent investigation, i know you read it, produced this blisser iting report what they refer to as systemic failures in the very
and states but join with the federal government to do everything we can as quickly as we can. to keep our community safe. and to get deadly weapons off the streets. >> the mayor started that buy back about three years ago has been credited with taking weapons off the streets. >> the feds denied california's request to be exgrempt a key education law. state department of education was hoping to win a reprieve from no child left behind. the law punishes schools and districts if not enough students are proficient and n.english and math. 6,000 schools have been labeled as failing. the state argued the schools are being required to send sed aside funding for outside tutoring program autos "los angeles times" publish aid list unlike any other including thousands of confidential files of expected sex abuse within the boy scouts. the map posted online includes names of the alleged abusers and a copy of the original scouts report. the victims names do not appear. the boy scouts kept files for is own internal use and began conducting criminal background checks in 2008. 34 residents are included on
the gop address saying the president's tax hike would only fund the government for eight days. >> here is what could happen if no deal is reached. out of work americans will loose their extended benefits, california would be hit the hardest, 400,000 will loose benefits and the bay area will certainly feel the sting, more than 22,000 people in alameda and contra costa could be affected. california is bracing for a stalemate. the state controller's office is advicing departments use 2001 tax rates to work out its next round of state worker paychecks. social security specifically will take out another 2% if the fiscal cliff is a verted the state will reimburse workers. payroll experts are telling private employers to wait for irs instructions. >>> grocery bill could also skyrocket. the dairy cliff, why milk prices could double. >> rain or shine, san francisco plays host today to a one of it's kind football game. check out the arizona state sun devil mascot and the marching man. they all entertained a huge crowd at union square. the pep rally has to get everybody excited for the craft fig
. it is not based on fact or reality. someone is able to hype this notion we are agreeing to a one world government by ratified this treaty which simply embodies what has been our law for decades. the chamber endorsed it. but there is this year. -- but there is this fear of the government and being required to be accountable for having health insurance, the so-called mandate, even though there is help if you need it. >> the velocity of information through social media, radio, and tv, there is a lot of false information and it gets amplified so rapidly now. it is very hard for the facts to catch up. >> what do you tell the consumer of news and information? how do they get the best? >> i say to be a smart consumer who goes to as many different sources as possible. the consumer. if you were buying a car, he would check out -- you check out the whole record of the vehicle. be a consumer. there is a lot of information. it can be interesting and informative. when it comes to the factual record, know where to go. >> let's go to the floor for questions. >> my name is gloria. i come from europe. everybody t
to cut elsewhere. >> reporter: without new legislation, government price supports for milk will revert to 1949 levels. back then, the process was more laborious, and farmers needed a higher subsidy to cover their costs. dan summer, professor of agricultural economics at the university of california davis, says the new price of milk will be far above what it now costs dairy farmers to produce it. >> it really will be just chaos. nobody really knows how to act. >> reporter: so we would go back to this old farm bill, which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem for dairy farmers: they don't want chaos in the milk market. it sounds good-- "gee, everybody will double or triple the price"-- but how much milk would people buy at that price? >> reporter: nobody will pay it. >> nobody will pay it. >> reporter: shoppers for milk today couldn't understand why congress can't at least solve this problem. linda vella: >> they all need to be fired. and if we want to continue to
. that includes those budget cuts for most government agencies, the sequester. that may happen at least in the short term. it doesn't seem to be on the table now. also, the medicare doc fix. we don't know for sure if that's going to be in this deal or not. a lot of other pieces still on the table and in limbo for now. >> okay. lisa desjardins, we'll be watching with you, thanks. >>> as you may have guessed, uncertainty over the fiscal cliff is having a ripple effect from washington to wall street. u.s. stocks ended the session in the red on friday for the fifth straight day. a triple-digit loss for the dow, that tumbled 158 points. the nasdaq lost almost 26 points while the s&p 500 shed almost 16 points. >>> in washington, each side of the aisle is pleading its case directly it the taxpayer. both the president and the republicans talking about the fiscal cliff in their weekly addresses. the president said yesterday he was modestly optimistic about a deal, but here he seems to hint at his own plan b if the senate can't reach a deal. >> if an agreement isn't reached on time, then i'll urg
natural rights and self-government, paul was there to hear it all, and in the book, i developed the thesis that he was able to absorb the theoretical underpinnings that would allow him to identify his innate yearning for freedom as a natural right of man. jennings and madison developed a close bond of mutual respect, but they never were able to all together bridge that very deep divide between white ellite and black slaves. nevertheless, jennings had reason to expect that he would be freed by the terms of james mandyson's will. when it didn't happen, he was given to understand that madison and his wife, dolly, had come to an understanding before he died that she would free all the 100 montpelier slaves at her death, and, indeed, when she wrote a will of her own a few years after that, she had a term giving freedom to my man, paul, the only slave so treated. she and her son, by her first marriage, payne todd, who plays the role of foil to jennings in the book, payne todd had every advantage in life and squander them, jennings had no vangs, but managed to carve out a life of meaning, neverth
said the government will blow through the borrowing limit that congress set in 2011. he warned the window to act is narrow or else a treasury could default. in washington, lisa will walk us through. first, let's explain what exactly the debt limit is and it sounds like maxing out a credit card, but not precisely so. >> that's right. it is not like maxing out your credit card. we are going to make it as interesting as possible. it is important. the debt limit is not like maxing out your credit card. this is money we spent as a nation. this is a lot more like buying a house. committing to a $200,000 house and signing the papers and imposing a rule on yourself that you can only borrow $100,000. you need $200,000 and you spent the money, but you have the cap that you imposed on yourself. that's what the debt limit is. we will look at where we are with this handy graphic. the debt limit is $16.394 trillion. where are we now? we are at 16.337. we are just under the limit. almost reached our capacity. >> getting that far, it's our own fault and putting ourselves in this predicament. o
the fog is. >>> wasted tax dollars. you'll be surprised where government officials are spending your money. >>> and call it an incentive plan. the unique program being considered by san francisco to save money on health care costs. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a month for six months. rethink possible. >>> taxpayer money is paying salaries and bonuses to workers and elected officials who have been suspended and convicted of crimes. that's what our washington bureau reporter macfarlane found after digging into pub records >> reporter: he orchestrated an outrageously wasteful party in vegas on taxpayers dime. 800,000 spent
geithner has warned congress hat u.s. will reach its debt ceiling on monday. that is when the government reaches its legal borrowing limit. now, this could pose a bigger threat to the nation's credit rating than the fiscal cliff. treasury can keep the government operating for a few weeks using emergency measures, but congress needs to act on this too to avoid a full-blown debt crisis. alina cho. joins us with the ret of the top stories. >>> former president george h.w. bush remains in intensive care in a houston hospital with an elevated fever. he is on a liquid diet an his condition is listed as guarded. his spokesman quotes him as saying i'm determined not to be dprumpy with all of this. >>> toyota has agreed to pay up in a major way, $1.1 billion to settle a class action suit over sudden acceleration issues. under the deal toyota will install a brake override system in effective cars. it will also set up a fund of $250 million for former toyota owners who sold their cars from september of 2009 through all of 2010. that money would compensate owners for their car's reduced value becaus
to see i increase my interest because these guys can't run a government, you're looking at going toward a recession where we're playing politics in washington. this is very serious. this is not just beltway rhetoric here. i think that people need to understand to the point of calling their congressional representative in outrage today saying, we should not be at this point. they're playing politics with the actual livelihood of families. this is not something that it will be all right a week or two or three or four. we start to go down that cliff, we don't know whether the momentum downward is going to be very, very damaging. >> yeah. >> maybe. >> you got na smirk on your face. >> maybe. i agree with the reverend that they're playing politics with livelihoods, because it is a huge risk. you're right about that. i disagree a little bit on the sort of dramatic, immediate impact of it. what we could get -- this is a possibility, and i'm trying to be optimistic because it's towards the end of the year. it's been crummy for a lot of people. we could get a deal the third week of january where
like contractors that have been contracting with the federal government to replace the shuttle? and could you comment on where the commercial space ports of the future will be located? >> well, for suborbital manned spaceflight, they can use any airport with a 12,000 foot runway. branson is considering doing it in an isolated place in new mexico. i tried to talk him into doing it in a place where there is an ocean and something worth looking. at any rate, his plan to put spaceports in five or six different countries, he wants to do one or you can let people see the northern lights during your space flight. so he has some really neat ideas about where it could be done. when you look at where funds are available for a space port, there is one planned in dubai. there is not one affordable enough to fly into orbit, so i suggest that we had better solve that problem and then think about what a space port would look like. >> your thoughts on using model aviation as a funnel for youth to get into aircraft engineering, because your friends at the faa are trying to lump us then with the
sector and for some private sector government contractors. economists predict that if congress doesn't act, all those cuts and new taxes will push the economy back into a mild recession by mid-2013. the impact of some of these cuts and taxes would not be felt immediately on january 1. that's because the i.r.s. and other agencies didn't expect it to come to this, and so it will take a few weeks for workers to see more money being withheld in their paychecks, jim. >> axelrod: nancy cordes with the president in hawaii. thank you. there is new evidence that the housing market is coming back. a report out today showed home prices were up 4.3% in october compared to last year. prices rose in 18 of the 20 largest cities. tonight, 88-year-old george h.w. bush remains in a hospital in houston where he's been since last month battling a bad cough. the former president now has a persistent fever. bob orr joins us now from washington with details. bob. >> reporter: good evening, jim. well, a spokesman for the bush family says that former president george h.w. bush is in "guarded condition," with
of government. >> they are on vacation, doing whatever they are doing. they don't care. >> i just don't think they will ever come to an agreement. both parties are so far apart that there is no common ground. >> reporter: if you make between 50-60,000 deal, taxes go up $92 per bye-weekly pay check. most employers will wait for the irs and will continue to deduct at the current rate. >> supposed to be pub luck servants and we can't get a compromise going. what is the right term? >> a lot of times it seems you are not being represented. you have interests over riding the people's concerns. that is an example of what happens in congress. >> the lowest income folks' check will shrink by 3%. top earners 6%. that says nothing of loss deductions or other unknowns. >> political parties need to stop looking at their platforms and look at what is best for americas. >> reporter: coming at 6:00 p.m., the anger factor. consumer editor tom vacar, ktvu channel 2 news. >>> on wall street today stocks fell for a fourth straight day. the dow is down 18 to 13,096. the nasdaq is down 4 at 2,985. the s&p is down
-the-board spending cuts for the defense department and other government programs. it looks like those cuts will go forward. what the president said today is 24 hours from now the senate leaders have to have a plan that deals with incom income taxes at a rate to be determined later, the threshold of that income, and some federal benefit and if they don't reach a deal, he will have his own plan b. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, and i've asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insurance is still available for two million people, and that lays the groundwork then for additional deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. that's bare minimum that we should be able to get done. >> reporter: the president is pushing very hard, jeff, for that extension of unemployment benefits for americans who have been jobless for six months or more. they start losing that federal a
have and whether or not we'll have enough to ask the federal government to come in and help. but certainly we've been in this situation before. and our local governments and the state will step up and do what we need to do for our citizens. >> art faulkner, the director of the state's emergency management in alabama. we thank you for joining us. we want to get now to robert lath latham, the director of the mississippi emergency management agency. mississippi's governor has declared a state of emergency. what's the latest there, sir? >> hey, don. it looks like we've got ten counties that have been impacted from the storms last night. more than 25 injuries have been recorded in those counties. looks like we've got more than 40 homes that have sustained some type of damage, anything from minor to destroyed. several businesses have been impacted but none of the injuries are serious or life-threatening at this time. but right now, we're trying to complete our damage assessments to make sure that we're meeting the needs of the citizens with the first priority being to make sure th
. in january the supreme court ruled that before the government places a gps tracking device on your vehicle it has to get a search warrant. four months later it said that children conceived through in-vitro are not automatically entitled to benefits after the death of a parents. what the court could look like from here. doug burns a former federal prosecutor and criminal defense attorney. and john manweli, a former criminal defense attorney. waoepl mawaoepl may not influence that the high court cases influence people practicing law day-to-day. doug -rpbgs tel tell me your thoughts on the healthcare. >> a lot of the people ran out of building saying it's been struck down. it was struck down on commerce clause grounds and the necessary and proper clause grounds. jaime: it had to be. >> there it was on page 10 that it was being upheld as a tax which i agree w. the long and short of it was it's the same analysis that we rendered all yearlong. it's 2700 pages long, i'm not sure anybody understan understands. i asked a friend of mine who is a physician can you tell me what is in the health code.
of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> the defense industry sure to be affected if we go over the fiscal cliff in just three days because of those automatic spending cuts to the industry. our jane welles has a look at what's ahead for defense in 2013. >> reporter: as the u.s. leaves the fog of war, the defense industry enters the fog of deficits. no industry is more vulnerable to the budget acts, and here are three predictions for 2013. first, the f-35, lockheed's joint strike fighter will be just fine. the most expensive program in history has been hit with cost overruns and production delays and concern from foreign buyers over its price. but lockheed and the pentagon have come to terms to buy another round of the jets for nearly $4 billion. morgan stanley calls the f-35 the single most important investment debate over lockheed stock. second, cash will be king. as defense spendin
sales jumped in november to the highest level in more than two years. the u.s. government is reporting an increase last month of 4-point-4-percent compared to october. it's the strongest pace of new home sales since april of 20-10 the increase is due to a combination of near-record low mortgage rates, lower unemployment numbers and a drop in foreclosures -- that in turn has lifted home prices. your forecast, coming up after the break. >> the pittsburgh-based. bart station is reported that an adult male has been shot. this is a live picture from sky 7 high-definition. a couple of cars are together i am not sure if that is the suspects vehicles for a police car. there were delays in both directions. things are up to speed with a news crew on the scene there will be updates coming up at 11:00 p.m. (male announcer): now, here's stanley roberts who found people behaving badly. >> we have the 38 geary its going inbound on ofarrel and the coach right now is pretty much stuck we have a double parked vehicle right on to the right here on the screen you see it in a moment >> you are looking at c
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